two point studios limited
two point studios limited Company Information
Company Number
10196328
Next Accounts
7 days late
Industry
Ready-made interactive leisure and entertainment software development
Shareholders
sega europe limited
Group Structure
View All
Contact
Registered Address
c/0 sega europe limited, 27, great west road, brentford, middlesex, TW8 9BW
Website
www.twopointstudios.comtwo point studios limited Estimated Valuation
Pomanda estimates the enterprise value of TWO POINT STUDIOS LIMITED at £8.3m based on a Turnover of £12.1m and 0.69x industry multiple (adjusted for size and gross margin).
two point studios limited Estimated Valuation
Pomanda estimates the enterprise value of TWO POINT STUDIOS LIMITED at £8.6m based on an EBITDA of £2.2m and a 3.92x industry multiple (adjusted for size and gross margin).
two point studios limited Estimated Valuation
Pomanda estimates the enterprise value of TWO POINT STUDIOS LIMITED at £17.3m based on Net Assets of £8.6m and 2.01x industry multiple (adjusted for liquidity).
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Two Point Studios Limited Overview
Two Point Studios Limited is a live company located in brentford, TW8 9BW with a Companies House number of 10196328. It operates in the ready-made interactive leisure and entertainment software development sector, SIC Code 62011. Founded in May 2016, it's largest shareholder is sega europe limited with a 100% stake. Two Point Studios Limited is a young, mid sized company, Pomanda has estimated its turnover at £12.1m with rapid growth in recent years.
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Two Point Studios Limited Health Check
Pomanda's financial health check has awarded Two Point Studios Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £12.1m, make it larger than the average company (£6.9m)
£12.1m - Two Point Studios Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (17.7%)
40% - Two Point Studios Limited
17.7% - Industry AVG
Production
with a gross margin of 24.9%, this company has a higher cost of product (57.7%)
24.9% - Two Point Studios Limited
57.7% - Industry AVG
Profitability
an operating margin of 17.2% make it more profitable than the average company (5.7%)
17.2% - Two Point Studios Limited
5.7% - Industry AVG
Employees
with 39 employees, this is similar to the industry average (44)
39 - Two Point Studios Limited
44 - Industry AVG
Pay Structure
on an average salary of £92.2k, the company has a higher pay structure (£62.3k)
£92.2k - Two Point Studios Limited
£62.3k - Industry AVG
Efficiency
resulting in sales per employee of £309.7k, this is more efficient (£137k)
£309.7k - Two Point Studios Limited
£137k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Two Point Studios Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (29 days)
0 days - Two Point Studios Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Two Point Studios Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (16 weeks)
10 weeks - Two Point Studios Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.2%, this is a lower level of debt than the average (45.6%)
10.2% - Two Point Studios Limited
45.6% - Industry AVG
TWO POINT STUDIOS LIMITED financials
Two Point Studios Limited's latest turnover from March 2023 is £12.1 million and the company has net assets of £8.6 million. According to their latest financial statements, Two Point Studios Limited has 39 employees and maintains cash reserves of £200.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 12,078,933 | 10,949,628 | 9,918,904 | 4,440,857 | 3,003,005 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 9,069,479 | 7,392,625 | 6,442,698 | 2,735,325 | 2,401,497 | ||
| Gross Profit | 3,009,454 | 3,557,003 | 3,476,206 | 1,705,532 | 601,508 | ||
| Admin Expenses | 936,960 | 665,605 | 405,035 | 117,999 | 238,652 | ||
| Operating Profit | 2,072,494 | 2,891,398 | 3,071,171 | 1,587,533 | 362,856 | ||
| Interest Payable | 0 | 0 | 6,410 | 0 | 927 | ||
| Interest Receivable | 0 | 0 | 0 | 472 | 1,938 | ||
| Pre-Tax Profit | 2,072,494 | 2,891,398 | 3,064,761 | 1,588,005 | 363,867 | ||
| Tax | -611,206 | -332,471 | -553,933 | -306,179 | 279,951 | ||
| Profit After Tax | 1,461,288 | 2,558,927 | 2,510,828 | 1,281,826 | 643,818 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 1,461,288 | 2,558,927 | 2,510,828 | 1,281,826 | 643,818 | ||
| Employee Costs | 3,594,806 | 2,688,968 | 2,295,617 | 1,167,902 | 2,106,651 | ||
| Number Of Employees | 39 | 36 | 32 | 22 | 17 | 12 | 10 |
| EBITDA* | 2,202,280 | 3,006,650 | 3,172,227 | 1,601,841 | 378,977 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 344,537 | 470,698 | 503,729 | 208,807 | 55,822 | 33,643 | 19,510 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 344,538 | 470,699 | 503,730 | 208,808 | 55,822 | 33,644 | 19,511 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,725,240 | 905,350 |
| Group Debtors | 8,911,269 | 6,581,174 | 8,026,159 | 2,415,941 | 191,585 | 0 | 0 |
| Misc Debtors | 150,992 | 276,392 | 62,493 | 97,952 | 888,757 | 2,982 | 11,093 |
| Cash | 200,797 | 227,165 | 113,841 | 327,469 | 559,155 | 254,748 | 557,550 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,263,058 | 7,084,731 | 8,202,493 | 2,841,362 | 1,639,497 | 1,982,970 | 1,473,993 |
| total assets | 9,607,596 | 7,555,430 | 8,706,223 | 3,050,170 | 1,695,319 | 2,016,614 | 1,493,504 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,311 | 8,798 | 33,336 | 0 | 0 | 1,725,240 | 905,350 |
| Group/Directors Accounts | 0 | 0 | 2,682,963 | 115,440 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 966,809 | 332,256 | 1,376,316 | 828,397 | 534,413 | 62,159 | 500,741 |
| total current liabilities | 975,120 | 341,054 | 4,092,615 | 943,837 | 534,413 | 1,789,399 | 1,406,091 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,538 | 47,726 | 5,885 | 9,438 | 10,605 | 0 | 0 |
| total long term liabilities | 4,538 | 47,726 | 5,885 | 9,438 | 10,605 | 0 | 0 |
| total liabilities | 979,658 | 388,780 | 4,098,500 | 953,275 | 545,018 | 1,789,399 | 1,406,091 |
| net assets | 8,627,938 | 7,166,650 | 4,607,723 | 2,096,895 | 1,150,301 | 227,215 | 87,413 |
| total shareholders funds | 8,627,938 | 7,166,650 | 4,607,723 | 2,096,895 | 1,150,301 | 227,215 | 87,413 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 2,072,494 | 2,891,398 | 3,071,171 | 1,587,533 | 362,856 | ||
| Depreciation | 129,786 | 115,252 | 101,056 | 14,308 | 16,121 | 8,307 | 3,798 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -611,206 | -332,471 | -553,933 | -306,179 | 279,951 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,204,695 | -1,231,086 | 5,574,759 | 1,433,551 | -647,880 | 811,779 | 916,443 |
| Creditors | -487 | -24,538 | 33,336 | 0 | -1,725,240 | 819,890 | 905,350 |
| Accruals and Deferred Income | 634,553 | -1,044,060 | 547,919 | 293,984 | 472,254 | -438,582 | 500,741 |
| Deferred Taxes & Provisions | -43,188 | 41,841 | -3,553 | -1,167 | 10,605 | 0 | 0 |
| Cash flow from operations | -22,743 | 2,878,508 | -2,378,763 | 154,928 | 64,427 | ||
| Investing Activities | |||||||
| capital expenditure | 0 | ||||||
| Change in Investments | 0 | 0 | 0 | 1 | -1 | 0 | 1 |
| cash flow from investments | 1 | ||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -2,682,963 | 2,567,523 | 115,440 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | -6,410 | 472 | 1,011 | ||
| cash flow from financing | 0 | -2,682,963 | 2,561,113 | -219,320 | 280,279 | ||
| cash and cash equivalents | |||||||
| cash | -26,368 | 113,324 | -213,628 | -231,686 | 304,407 | -302,802 | 557,550 |
| overdraft | 0 | 0 | 0 | 0 | -2,000 | 2,000 | 0 |
| change in cash | -26,368 | 113,324 | -213,628 | -231,686 | 306,407 | -304,802 | 557,550 |
two point studios limited Credit Report and Business Information
Two Point Studios Limited Competitor Analysis
Perform a competitor analysis for two point studios limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in TW8 area or any other competitors across 12 key performance metrics.
two point studios limited Ownership
TWO POINT STUDIOS LIMITED group structure
Two Point Studios Limited has 1 subsidiary company.
Ultimate parent company
SEGA SAMMY HOLDINGS INC
#0023308
2 parents
TWO POINT STUDIOS LIMITED
10196328
1 subsidiary
two point studios limited directors
Two Point Studios Limited currently has 2 directors. The longest serving directors include Tatsuyuki Miyazaki (May 2019) and Mr Jurgen Post (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Tatsuyuki Miyazaki | England | 57 years | May 2019 | - | Director |
| Mr Jurgen Post | 61 years | Jan 2024 | - | Director |
P&L
March 2023turnover
12.1m
+10%
operating profit
2.1m
-28%
gross margin
25%
-23.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
8.6m
+0.2%
total assets
9.6m
+0.27%
cash
200.8k
-0.12%
net assets
Total assets minus all liabilities
two point studios limited company details
company number
10196328
Type
Private limited with Share Capital
industry
62011 - Ready-made interactive leisure and entertainment software development
incorporation date
May 2016
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
c/0 sega europe limited, 27, great west road, brentford, middlesex, TW8 9BW
Bank
-
Legal Advisor
-
two point studios limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to two point studios limited.
two point studios limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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two point studios limited Companies House Filings - See Documents
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